RESEND: NZ Dollar Outlook: Kiwi may advance this week amid dearth of local data

Sun, 11 Jan 2015

(Fixes typo in 3rd graph) By Tina Morrison Jan. 12 (BusinessDesk) - The New Zealand dollar may advance this week with little local data to provide new direction after it failed to decline following last week's US jobs data. The kiwi may trade between 76.50 US cents and 80 cents this week, according to a BusinessDesk survey of nine currency strategists and traders. Six expect the currency to move higher, while two expect it to remain broadly unchanged and one says it could favour the downside. It was recently trading at 78.46 US cents....

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